Course description

Mathematics

Introduction

The language of mathematics is extensively used to analyse problems in economics and finance, and mathematical models, theories, and methods are extensively used to solve problems. The mathematical requirements of a graduate student go beyond the material usually taught in undergraduate courses, and this course will teach the beginning graduate student more advanced mathematical models, theories, and methods. In particular, it will introduce the students to coding using Excel. The course is taught in the first semester of the master programme. Topics include linear algebra and matrix methods, optimisation in several real variables, and differential and difference equations.

Course content

  • Linear algebra and matrix methods
  • Optimisation in several real variables
  • Differential and difference equations

Learning outcome knowledge

After completing the course, the student will have advanced knowledge of mathematical concepts, models, theories, and methods. The student will have an advanced understanding of linear algebra and matrix methods, optimisation in several real variables, and differential and difference equations, and specialized understanding of how these mathematical models and methods can be used in economics and finance.  

Exam organisation

  • Multiple choice: 20%
  • Written exam: 80%